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's activity report 2022

The main activity of Reining Invest OÜ is the purchase and sale of metal.

The sales revenue for the financial year ended 31.12.2022 was 10,937 thousand euros, of which 99.92% was made up of the purchase and sale of metals, the remaining part of the sales was made up of freight forwarding and rental income.

The average number of employees in 2022 was 6, including 1 board member. The total labor costs of employees, including social tax, company unemployment insurance, and vacation reserve, amounted to 82.3 thousand euros.

Reining Invest OÜ does not intend to change its operations in the coming financial year.

Main financial ratios for the financial year and the previous financial year and their calculation methodology 2022 / 31.12.2022 2021 / 31.12.2021

Sales revenue growth (+) / decrease (-) -0.09% 14.8%

Net profit growth (+) / decrease (-) -58.3% -182.9%

Net profitability -2.6% -1.5%

Coverage ratio of short-term liabilities 3.5 3.0

Return on equity -41.1% -18.4% (cid:127) · Sales revenue growth = (reporting year sales revenue - previous year's sales revenue) / previous year's sales revenue × 100% (cid:127) · Net profit growth = (reporting year profit - previous year's profit) / previous year's profit ×100% (cid:127) · Net profitability = net profit / sales revenue × 100% (cid:127) · Coverage ratio of short-term liabilities = current assets / short-term liabilities (cid:127) · Return on equity = net profit / equity × 100% In 2023, we plan to continue our operations.